Macau casino Galaxy earnings in line with forecasts; upbeat on outlook

HONG KONG, April 27 (Reuters) – Macau’s Galaxy Entertainment
posted a 6 percent rise in first-quarter earnings on
Wednesday, in line with forecasts, and sounded a positive note
for the coming year.
Macau casino revenues have tumbled over the past 23 months
due to slowing economic growth in China and an anti-corruption
campaign which has kept high roller gamblers away from the
baccarat tables in the southern Chinese enclave.
A former Portuguese colony, Macau is the only place where
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